$CAKE is hyping as PancakeSwap's trading volume surges 56% on DEX narrative pancake pancakeswap cake dex defi bnbnews
trends. Although the current price action of CAKE is nothing special, the reason for increased interest in the token seems to be the impressive performance of the DEX itself., trading volume on PancakeSwap increased by 56% during November. Consider that the Binance-affiliated decentralized exchange is the second largest in terms of turnover in the DEX segment and its size is $86.5 million per day.
Overall, the portal reports that the average monthly trading volume on DEXes increased 110% during the month. The reasons are clear and relate to the loss of trust in centralized exchanges following the collapse of FTX, a major CEX that lost customer funds as a result of botched management and subsequent insolvency. and a corresponding influx of funds and attention to all projects related to it.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
BoilerUpload - Purdue 75, Duke 56- Game Wrap
Leer más »
Minimax․Finance Announces the Integration of VERSE DEX – Press release Bitcoin NewsPRESS RELEASE. Minimax.Finance integrated the recently launched VERSE DEX to provide the Minimax community with more options for cost-effective swaps on
Leer más »
FTX-backed DEX Serum calls itself 'defunct,' promotes community forkSerum, via its official Twitter clarified that it was no longer being used by major DeFi protocols on the Solana blockchain.
Leer más »
Opinion | The gross end goal of Trump's bizarre Mar-a-Lago dinner with bigots.ZeeshanAleem: Trump invited bigots to dinner. What happened next is all part of his plan.
Leer más »
Miley Cyrus Is All Smiles at Her 30th Birthday Party: ‘Thankful For All the Love’The singer charged into her third decade with a candy-topped cake.
Leer más »
See Olivia Munn celebrate son's 1st birthday with adorable cake smashOlivia Munn and John Mulaney marked their son Malcolm's first birthday with a celebration fit for a (tiny) king.
Leer más »